Article
Managing your data and dashboards with Oracle Cloud ERP
April 27, 2021 · Authored by Jeff Haynes
Disruption caused by the pandemic triggered behavioral changes that will remain even after the threat has subsided. Shelter-in-place orders required businesses of all industries and sizes to evaluate their operations and, for many, expedited an already needed digital transformation. The “new normal” will continue to include remote work, outdated technology requiring an on-premise footprint and significant maintenance/support and are likely ill-equipped for such a world. On the other hand, cloud-based tools offer the clear benefits of virtual maintenance, updates and enhancements, while also offering users a modern, consumer-based experienced, that we have all come to expect, especially in our “work from home” world, but critically, access to data and dashboards to sustain and plan for the future.
For most organizations, moving to the cloud is not a matter of “if,” but “when.” According to a recent Baker Tilly survey, when it comes to organizations moving to a new ERP cloud (SaaS) solution, 20% are likely to move in the next 1-2 years and 29% have already completed or begun the process. The benefits have never been more clear. To that end, Baker Tilly recently hosted the webinar, “Manage by exception through data, dashboards and Oracle Cloud ERP.” Led by Brad Fisher, senior manager, enterprise solutions and services, along with colleagues Ken Fleming, Ben Berlangieri and Ron Nelson, the panel discussed how leveraging a unified platform application like Oracle Cloud ERP can give financial leaders real-time visibility to the data analytics they need to help manage by exception, bypass fiscal pitfalls, make intelligent business decisions, maintain financial resiliency and grow market share — even during a pandemic.
Why Oracle Cloud?
Oracle Cloud allows your entire enterprise to have access to the same, real-time data on the same platform. For example, the systems your sales, human capital, finance, budgeting, forecasting and supply chain teams use individually can be streamlined onto one Oracle cloud platform. This not only reduces the need for IT support across different platforms, but allows your organization to be more strategic, as less time is spent aggregating data. This streamlined approach focuses on the total organization across the enterprise, integrating data to give organizations the ability to plan properly, respond thoughtfully and transform how they react to changes within their organization. In addition to operating more effectively